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back to uncertainty. we want the economy to get better. we will like it to be better soon, as fast as it can happen. when that happens, then this competition for our best and brightest talent will go up. in that environment, i am concerned that as they are weighing -- not the personal threats to themselves which they are willing to take -- but when they are weighing the financial certainty for their families that they will come down on a different side than government service. that is an important question. we have an all volunteer military. it has been stressed. this is another stressor. we need to be mindful of this because we are competing for the best talent. we have been getting it. there are magnificent people that raise their right hand, civilian, uniform, or whether they serve as contractors. it does not matter. they are all working hard to do the right things. it is preserving that. there is an impact here with what is going on. it is coming to our level. they are telling us there is an impact on them, and we need to be mindful of it. >> general alexander, could you comm
economy, and bring down energy costs. the budget also promotes economic growth, job creation, supports research and development in the energy sector, and moves america to a more energy independent state. it expands oil and gas development, which could generate a half a million new jobs and $14.40 trillion in increased economic activity. by preventing or delaying domestic energy exploration, the obama administration has driven jobs overseas. in this budget, the house republicans in the subsidies, -- support for this budget translates into a response will plan to grow our economy and create jobs. i yield back my time. >> i would like to yield two minutes to the gentleman from indiana. >> thank you. what we are doing here today, people in america are hurting. too many parents have come home and tell their children they do not have a job. washington has refused to make the tough choices necessary to jump-start a healthy economy to create jobs and opportunity for every american. we hear a lot from the other side of the aisle about a balanced approach. there is not much balanced about a budg
security at this time is not the deficit. it is the economy. it is the lack of jobs. it is a future where the u.s. cannot compete with its global peers. this will bring us closer to that scenario. chairman ryan and i share wisconsin. this is a blue-collar county where people are proud of the work they do and they want to be working. but they are struggling. four years ago, 2000 employees lost their jobs. a company announced they were shutting down. we do not help them or america when we keep tax incentives for companies to ship jobs overseas instead of incentivizing companies to hire in wisconsin and in america. we do not help them when we cut programs and raise taxes on the middle class so we can lower the tax rates for the top earners in this country. that seems to be what we received in the budget that is on our guest today. budget should reflect values. what we need to do is focus on economic growth and how to get the people of america back to work. we need a real path to prosperity. when we invest in infrastructure, research, development, small business loans, we can increase competi
reserve's two day meeting on the economy wraps up. that begins at 2:30 eastern time. >> coming up, the head of immigration and customs enforcement testifies about the release of nearly 2000 immigrants because of budget constraints. the 2014 budget plan put out by chairman paul ryan would balance the budget in 10 years and put in place medicare changes. the chamber should finish work on boating on the measure on wednesday. here is tuesday's debate. mr. ryan: i bring forward and present the budget resolution for the fiscal year 2014. we believe that we owe the american people a responsible balanced budget and that is precisely what we are bringing to the floor today. our budget balances the budget within 10 years and it does so without raising taxes. balancing the budget will help us foster a healthier economy, it will help us create jobs. in fact, two leading economists released a study analyzing our budget and its positive effects on the economy and jobs. in the first year they said it would, quote, boost the economy immediately, increasing both of our economy by a whole percentag
jobs and improve the economy in every one of our districts, in every state in the union. i would turn, if i could, to my colleague, mr. polcan, who has some of the rations. >> i am glad you brought this amendment forward, mr. blumenauer. when i was on the joint committee on finance, we were the only committee in the country that had to approve every single dollar that came through from the recovery dollars. in our state, every single dollar came to our committee. i got to see exactly where those investment dollars went to our transportation projects. we had a report at the time from the road building and vertical construction industry, not your most left-wing organization, that said 54,000 jobs were saved or created in wisconsin because of that investment in infrastructure. i remember sitting in this very room and i asked dr. elmendorf that same question. i said is it true, and he set up to 3.3 million jobs were saved or created because of those recovery dollars. i can tell you in wisconsin, we saw the benefit. it came from the private sector. we saw the benefit for small businesses -
this economy. and i thank you once again, my good friend from california, for making all the important points this evening. mr. garamendi: washington, d.c., your leadership in this community has been known for some time and i thank you very much for joining us tonight. i want to do two things before i end. first of all, medicare is back on the table. the ryan budget takes up medicare once again and provides a voucher that will destroy it. i'm going to change this. medicare, 1965, president 2013, created by l.b.j., destroyed by the g.o.p. i don't think so. seniors don't want it. americans don't want it. the last campaign for presidency, this was one of the major issues and ryan is coming back with it. bad idea, bad timing. and i want to end with this, this is a great country. there is no other place in the world like the united states. it is one terrific country. there is enormous energy in this country, where people want to get a job and go to work and businesses want to grow and hire people. all of that is waiting for congress to get its act together, to get this sequestration out of the way
revenues. it would cut waste, add jobs and spur economic growth of the economy. it would reduce the deficit by an additional $1.8 trillion without jeopardizing the recovery or harming the middle class. it includes $1.2 trillion in new revenue obtained not by tax increases but by closing loopholes and eliminating wasteful spending that benefits the wealthiest americans and the largest corporations. it eliminates $4 billion in annual tax breaks to the oil and gas industry, an industry that is making profits. they don't need a tax break. in fact, they're making enormous profits. so, why does the ryan budget give them a government subsidy? the democratic plan invests in infrastructure, education, job training and innovation. it is designed first and foremost to help create jobs and strengthen the economy. the house democratic budget also makes critical investments in our future. $200 billion is invested in infrastructure, education, job training and innovation. helping to create jobs and strengthen the economy. these investments include $80 billion for an education jobs initiative, $50 billion
it raises cannot continue. it is a threat to this country. it is a threat to our economy. common sense confirms it. any belief in science tells me to believe that there is no bigger problem. [bell] >> let me quote the cheney who said ronald reagan taught us deficits do not matter. dick cheney was wrong. he is wrong then and he is wrong now. deficits matter. anyone who supported the bush has no business talking about debt. [booing] i helped bill clinton balanced the budget and built a surplus because we had good economic times. good economic times should pay down the deficit as clinton did but to reagan and bush did not. in bad times you have to stimulate and the airtime as president obama is doing. it is like listening to lectures on hygiene from type 40 -- typhoid mary. is more important to america's pursuit of happiness? which is more dangerous to america's pursuit of happiness? eight 350 format before a 44 ounce big gulf. if you come to my house, you would find guns but no cans of soda. i have the right wing position on the giant drink soda thing. i do not like the idea. idea of the
to work productively, for us to roll up our sleeves and get the economy working again, get the millions of people who are struggling to find jobs back to work again. and i am hopeful this conversation today was a positive step in that direction. >> any questions? >> a lot of this conversation has been focused on entitlement reform. i am wondering if you heard anything in there that the president said about a willingness to bring down the cost of entitlements. >> the president has says paul -- has said publicly and reiterated privately he understands that until -- let me put it the way i like to put it. until you make the eligibility for entitlements, you can never solve the problem. until you solve the entitlement concerned, in a way that saves medicare and saves social security and medicaid, because the trusties he appointed are all in trouble, you also cannot save health care, you cannot save the country until you fix this problem. i think the president understands that. his political base is pretty wedded to trying to get additional revenue as a condition of solving the problem. ther
own way. toyou can go to c-span.org check out "first ladies." spoke about the economy and monetary policy. you can see all of the news conference tonight a on c-span. , our policy has two main elements. first, we decided to continue purchasing mortgage-backed perrities at a pace of -- month. it bears to emphasize that the committee has described this program in terms of a monthly pace of purchases rather than a total amount of expected purchases. evolution of the program to economic criteria. within this framework, the committee can vary the pace of purchases. at this meeting, the committee judge -- second, the committee kept the target to the federal fund rate. it will remain appropriate for a considerable time after the purchase program ends and if the economic recovery strengthens. the low range for the fund rate will be appropriate as long as the unemployment rate remains above 6.5%. if economic conditions provided in the guidance are a threshold and not triggers, crossing one or more these marshaled will not automatically lead to an increase in rates. rather the committee will
have in our economy and deficit. center sessions? >> i commend senator enzi. you have to know what the budget does in regard to directing the closing of loopholes and deductions. plan in the budget is to spend that money. that is what the plan is. it actually spends a twice. can you put that statement on the screen? i want to call your attention. the lead democratic witness in this a very hearing room said this, for business tax reform, the lead item should be corporate tax rates in the mid- 20s, pay for that by getting rid of government that is distorting business behavior and what business the business. that was the lead democratic witness here. i asked him to repeat that. he said, but the money that you get from closing deductions and making the tax code simpler should be used to reduce the rates -- he said yes. senator baucus believes that. members of your committee have all talked about the need to simplify and reduce the rates, but it will use the money you get from closing the polls, how can you close -- a lower the rates? this is kind of logic that we need to get through ou
goals. the coalition drawdown will have an impact on afghanistan's economy which is likely to decline after 2014. in pakistan, the government has made no effort to institute -- this past year, the pakistani armed forces continued operations in tribal areas which have been safe havens for al qaeda and the taliban. pakistan saw fewere domestic attacks from the militant group. violence, corruption and this cretinism in africa will threaten u.s. interests this year -- and extremism in africa will threaten u.s. interests this year. we still see a result conflict between sudan and south sudan, extremist attacks in nigeria, a persistent conflict in central africa. china is supplementing its more invest military capabilities but altering maritime law enforcement to support its claims in the south and east tennessee's. it continues its informations dealing campaigns. russia will continue to resist putting more international pressure on syria or iran and display its sensitivity to missile defense. latin america and caribbean contend with weak institutions and trafficking which pose a threat to
Search Results 0 to 11 of about 12